40 Martin Luther King Jr Street Grand Rapids, MI ^$ 230,000

40 Martin Luther King Jr Street

^$ 230,000

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40 Martin Luther King Jr Street

Grand Rapids, MI, 49507

^$ 230,000

Bedrooms-- Baths-- Sq 595

Monthly Estimate*

^$ 1,435

40 Martin Luther King Jr Street, Grand Rapids, MI 49507 - Image 1

40 Martin Luther King Jr Street, Grand Rapids, MI 49507 - Image 2

40 Martin Luther King Jr Street, Grand Rapids, MI 49507 - Image 3

40 Martin Luther King Jr Street, Grand Rapids, MI 49507 - Image 4

40 Martin Luther King Jr Street, Grand Rapids, MI 49507 - Image 5

40 Martin Luther King Jr Street, Grand Rapids, MI 49507 - Image 6

Commercial Property for sale in Grand Rapids, MI

for $230,000. This 595 square foot building was built in 1967 on a lot size of 0.25.

Prime Location for Sale - High-Traffic Area & Valuable Land! Are you a savvy business owner looking for a strategic location to establish your presence? Look no further! This property offers a unique opportunity to capitalize on a high-traffic area, perfect for a small business that thrives on quick visits and convenient access.While the building itself may be modest, the true value lies in the land and its prime location. The possibilities for redevelopment or expansion are endless.This property comes with two additional parcels 41-14-31-301-013 and 41-14-31-301-018 buyer/agent to verify any and all information.Land Addressed as: 30 Martin Luther King Jr SE, Grand Rapids, MI 49507807 Sheldon Ave SE, Grand Rapids, MI 49507

Commercial Active

Price

^$ 230,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.25

Year Built

1967

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70423752

Features

General

Heating Forced Air

Possession Close Plus 30 Days

Water Public Water Public Water at Street

Status Active Active

Year Built 1967

County Kent

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Grand Rapids

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

Directions Accessible from HWY 131 exit 83B go East on Martin Luther King Jr SE

City Grand Rapids

Financial Terms Cash Conventional

Legal Description LOT 493* DORAN S ASSESSOR S PLAT NO 15* OF LOTS 2 3 4 5 & 6 OF A CAMPAU S SUBDIVISION OF THE W 1/2 OF THE SW 1/4 SEC

DOM 489

Postal Code 49507

Price Per Sq Ft Total AG 386.55

Public Remarks

Exterior

Exterior Frame Wood

Frontage 0

Lot Size Area 0.25

Lot Dimensions Combine of 3 parcels

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Rene Guzman

Listing Agent

1St Advantage Realty

Broker

rene@reneguzman.com

Affordability Calculator

$1,435

Per Month

Monthly Principal & Interest: $1,435
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Grand Rapids, MI

Average List Price ^$807,614

Percent of Sale Price 251%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/9/2024	$230,000		Listed Price

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40 Martin Luther King Jr Street, Grand Rapids, MI, 49507 is a Commercial Property for sale at $230,000 with 595 sqft and a lot size of 0.25. 40 Martin Luther King Jr Street was built in 1967. The property's zip code is 49507 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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40 Martin Luther King Jr Street

Commercial Property for sale in Grand Rapids, MI

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